Toronto is a notoriously expensive city. Rents are highest in the country, just after Vancouver. It’s getting so bad, even New Yorkers who move North for a better life are complaining.
Rent payments are almost an afterthought – every month, money gets deducted from my bank account and I’m forced to accept it. Still, when I read in that article that average rents for a one-bedroom condo had soared to over $2200, I gasped at the misfortune of my fellow Torontonians.
Now, recall that $2200 is on average. That means some people are paying more. Some people are paying less. I fall in the category of paying less than that – substantially less on a “great deal” of a place.
So let’s talk about that: what does living in Toronto on a “deal” actually get you. I have a strange feeling some readers will still be appalled based on how much our apartment costs even though my neighbours might consider it a steal. (Note: we moved in fall 2016)
Continue reading “Renting in the City: What a $1860/month “deal” gets you in Toronto”
